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| January report is probably in the top 2 for potential market moving reports. How much weaker than the summer 188 will it be? We will find out in a few weeks (or at least whatever the USDA wants to say).
Right now corn is king. Projections are favoring corn in a big way. If nothing changes the nation will plant maximum acres again.
With the price of fertilizer factored in wheat is as unattractive as a crop right now as I've ever seen it. Hard to make less / lose more on any crop right now. | |
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Jan Report and Acres
